Midstream

Source: Houston Chronicle

EPIC Midstream advances two Corpus Christi projects

Houston Chronicle


San Antonio pipeline operator Epic Midstream reached two important milestones in Corpus Christi — its first crude oil export shipment and moving forward with a plan to build a new natural gas liquids processing plant.

In a statement …

Antero Resources announces midstream fee reductions and asset sale program

Antero Resources announces midstream fee reductions and asset sale program

PR Newswire


 

Antero Resources also announced commencement of an asset sale program targeting $750 million to $1 billion in proceeds to be completed in 2020. 

Antero Resources Announces Midstream Fee Reductions and Asset Sale Program -oilandgas360

 

Antero Resources Corporation (NYSE: AR) (“Antero Resources” or the “Company”) today announced that …

Glenfarne Group Announces Major Initiatives for Its Affiliate Alder Midstream

Glenfarne Group Announces Major Initiatives for Its Affiliate Alder Midstream

December 4, 2019 - 9:45 am Midstream, Press Releases
Tallgrass Energy announces new president

Tallgrass Energy announces new president

Oil and Gas 360


Tallgrass Energy, LP- LEAWOOD, Kan.- (NYSE: TGE) today announced that the Board of Directors of its general partner has appointed Matthew P. “Matt” Sheehy as President of Tallgrass Energy, effective immediately. He will report to Tallgrass …

December 3, 2019 - 3:30 pm Closing Bell Story‎, Energy News, Midstream, People
Feds order Keystone pipeline shut until corrective actions taken

Feds order Keystone pipeline shut until corrective actions taken

Federal regulators have ordered that the portion of the Keystone pipeline that began leaking last week stay shut down until further notice.

The pipeline, which has leaked more than 383,000 gallons of oil in a field near Edinburg, N.D., has …

November 7, 2019 - 9:30 am Closing Bell Story‎, Midstream, Regulatory
Oil spilled from a section of the Keystone pipeline is seen in Walsh County, North Dakota, U.S., October 30, 2019. Taylor DeVries/North Dakota Department of Environmental Quality/Handout via REUTERS

Segment of Keystone pipeline ordered to remain shut after leak

Reuters


A U.S. regulator on Tuesday ordered that a segment of the Keystone pipeline that spilled more than 9,000 barrels of crude in rural North Dakota remain shut until operator TC Energy submits a restart and return-to-service plan because of …

Photo: Nati Harnik, Associated Press

Keystone pipeline shutdown raises costs for U.S. Gulf refiners

Houston Chronicle


The Keystone crude pipeline was shut Wednesday after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years.

TC Energy Corp.’s 590,000 barrel-a-day pipeline that carries crude …

November 1, 2019 - 9:12 am Closing Bell Story‎, Crude Oil News, Energy News, Midstream
US’ Mountain Valley Pipeline delays startup to late 2020, cost may now reach $5.5 billion

US’ Mountain Valley Pipeline delays startup to late 2020, cost may now reach $5.5 billion

S&P Global Platts


4th Circuit stay to delay remaining mainline work to 2020

Project to be 90% complete by end of 2019

The developer of Mountain Valley Pipeline on Tuesday delayed the in-service target for the 303-mile, 2 Bcf/d natural …

October 22, 2019 - 2:00 pm Closing Bell Story‎, Midstream
DTE Energy to buy natural gas gathering system, pipeline for $2.25 billion

DTE Energy to buy natural gas gathering system, pipeline for $2.25 billion

Source: Reuters


DTE Energy’s midstream business said on Friday it would buy a natural gas gathering system and pipeline in Louisiana’s Haynesville shale for $2.25 billion in cash.

DTE Energy to buy natural gas gathering system, pipeline for $2.25 billion - oil and gas 360

DTE Midstream will acquire the assets from Momentum Midstream and Indigo Natural …

October 18, 2019 - 8:15 am Closing Bell Story‎, Mergers & Acquisitions, Midstream
People on the move: Goodnight Midstream welcomes new CFO

People on the move: Goodnight Midstream welcomes new CFO

Goodnight Midstream Announces Ben Daitch as Chief Financial Officer

Goodnight Midstream, LLC (“Goodnight” or the “Company”), a leading oilfield water midstream company, announces the addition of Ben Daitch as its Chief Financial Officer. Mr. Daitch is an accomplished financial professional …

October 17, 2019 - 7:45 am Closing Bell Story‎, Midstream, People
REUTERS/Charles Mostoller

Trump’s fast-tracking of oil pipelines hits legal roadblocks

Source: Reuters


The Trump administration’s effort to cut red tape and speed up major energy projects has backfired in the case of the three biggest U.S. pipelines now planned or under construction.

All three have been stalled by successful legal …

Tailwater Capital Commits $500 Million to Goodnight Midstream

Tailwater Capital Commits $500 Million to Goodnight Midstream

Continued Partnership Provides Growth Capital to Scale Platform and Meet Increasing Demand for Produced Water Infrastructure

Goodnight Midstream (“Goodnight” or the “Company”), a leading produced water midstream infrastructure company, today announces the closing of a significant capital investment and an …

October 8, 2019 - 7:48 am Closing Bell Story‎, Midstream, Private Equity
Holly Energy Partners and Plains All American Announce Cushing Connect Joint Venture

Holly Energy Partners and Plains All American Announce Cushing Connect Joint Venture

Holly Energy Partners, L.P. (NYSE:HEP) (“HEP”) and Plains All American Pipeline (NYSE: PAA) (“Plains”) today announced the formation of a 50/50 joint venture, Cushing Connect Pipeline & Terminal LLC (the “Joint Venture”), for (i) the development and construction of a …

October 3, 2019 - 12:12 pm Closing Bell Story‎, Energy News, Midstream
Source Tallgrass Energy

Tallgrass Energy Announces Open Season To Transport Crude from the Powder River Basin

Tallgrass Energy Announces Open Season To Transport Crude from the Powder River Basin

October 1, 2019 - 2:28 am Closing Bell Story‎, Midstream, Press Releases
Source: Houston Chronicle

Kinder Morgan starts natural gas pipeline to Corpus Christi ahead of schedule

Source: Houston Chronicle –


Houston pipeline operator Kinder Morgan is starting a new pipeline to move natural gas the from the Permian Basin to Corpus Christi ahead of schedule.

In a statement, Kinder Morgan said its 448-mile Gulf Coast Express …

September 25, 2019 - 9:15 am Closing Bell Story‎, Energy News, Midstream
NextDecade partners with Enbridge for the Development of Rio Grande LNG Pipeline Project

NextDecade partners with Enbridge for the Development of Rio Grande LNG Pipeline Project

NextDecade Corporation (NextDecade) (NASDAQ: NEXT) and Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in …

September 18, 2019 - 10:45 am Closing Bell Story‎, LNG, Midstream
Minnesota court rejects challenges to Enbridge Line 3 pipeline approval

Minnesota court rejects challenges to Enbridge Line 3 pipeline approval

Source: Reuters


The Minnesota Supreme Court on Tuesday declined to hear environmental and tribal challenges to Enbridge Inc’s Line 3 oil pipeline, a decision that removes one potential obstacle for the already-delayed project.

It means the Minnesota Public Utilities Commission, …

September 17, 2019 - 3:30 pm Closing Bell Story‎, Midstream, Regulatory
Source The Houston Chronicle

BP launches gas cloud imaging, drones to monitor methane emissions

From The Houston Chronicle


BP said Tuesday it is launching a new system of gas cloud imaging and aerial drones to monitor and help reduce methane emissions around the world.

The British energy major said it will deploy a system …

Source The Houston Chronicle

EVX Midstream Partners builds the Eagle Ford Shale’s largest water gathering system

From The Houston Chronicle


Houston pipeline operator EVX Midstream Partners has completed the first phase of construction for what is being touted as the largest gathering system for oilfield wastewater in the Eagle Ford Shale of South Texas.

In a …

September 11, 2019 - 1:41 pm Closing Bell Story‎, Midstream, Water
Source Reuters

New Permian Gas Pipelines Will Reduce Flaring, But What About Prices?

From Forbes


The NYMEX Henry Hub price for natural gas has firmed up in recent weeks, rising over the $2.50/Mmbtu mark in early September 9 trading thanks to the ongoing heat wave in Texas and other states where natural gas …

Source Reuters

Drilling Down: Denver saltwater disposal well operator makes Permian Basin push

From The Houston Chronicle


Water remains a big issue in the arid Permian Basin of West Texas where for every barrel of oil produced, another four to 10 barrels of saltwater — the remnants of an ancient inland sea — …

Source Reuters

Saudi Aramco signs MoU with China’s Zhejiang Free Trade Zone

From Reuters


Oil producer Saudi Aramco signed a memorandum of understanding (MoU) with China’s Zhejiang Free Trade Zone in eastern China to expand downstream investment, the company said in a statement on Thursday.

Saudi Aramco, the world’s top oil exporter, …

Source: Reuters

Canada’s Suncor sees increased political risk for Keystone XL oil pipeline

From Reuters


Canada’s second-largest oil producer, Suncor Energy, believes the political situation in the United States has increased the risks to companies counting on construction of TC Energy Corp’s proposed Keystone XL oil pipeline, its chief executive said on Wednesday.…

September 4, 2019 - 4:32 pm Canada, Canada News, Closing Bell Story‎, Energy News, Midstream, MLP News
Source: The Houston Chronicle

Houston pipeline operators expand footprint in Colorado’s DJ Basin

From The Houston Chronicle


A joint venture between two Houston pipeline operators is expanding its footprint in Colorado’s DJ Basin.

Black Diamond Gathering, a joint venture between Noble Midstream Partners and Greenfield Midstream, has entered into a pair of deals …

September 3, 2019 - 4:14 pm Closing Bell Story‎, Downstream, Midstream, MLPs
Source: SitePro

How do Oil & Gas Companies Reach Cash Flow Nirvana?

Compiled by Tyler Jones, Oil & Gas 360


Oil and gas companies are leveraging Machine Learning and Artificial Intelligence to reduce cost and improve returns.

The timeline on which investors in the oil and gas space expect a return on …

Source: The Houston Chronicle, Energy Transfer LP

Energy Transfer seeks five-year extension to build Lake Charles LNG export terminal

From The Houston Chronicle


Dallas pipeline operator Energy Transfer is asking federal regulators for a five-year extension to build the company’s proposed Lake Charles LNG export terminal.

Energy Transfer received a federal permit for the project in December 2015. Under …

Source: Tallgrass Energy

Tallgrass Energy Receives ‘Take Private’ Proposal

By Tyler Losier, Energy Reporter, Oil & Gas 360

Tallgrass Energy receives preliminary proposal letter from Blackstone Infrastructure Partners offering to take the company private
Tallgrass Energy LP (stock ticker: TGE), a midstream infrastructure company, received a non-binding preliminary proposal

Source: Plains All American Pipeline, L.P.

Plains Says its Midland Crude Terminal Trades Should be Kept in Key Price Assessment

From Reuters


Plains All American Pipeline LP said trades at its own Midland crude terminal should be included in a key price assessment, responding to a proposal by Argus Media to remove it:

* Plains’ 670,000 barrel-per-day (bpd) Cactus II …

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

Canada’s Largest Oil Producer Joins Opposition to Enbridge Pipeline Plan

From Reuters


Canadian Natural Resources Ltd, the country’s biggest oil producer, has joined a number of other firms asking Canada’s energy regulator to intervene in Enbridge Inc’s plan to overhaul shipping contracts on its Mainline pipeline network.

Canadian Natural’s letter …

Source: CatholicVoices.org

Mexico Expects to Save $4.5 Billion After Pushing Firms to Rework Pipeline Contracts

From Reuters


Mexico’s government said on Tuesday it had persuaded companies to waive “significant” profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion.

The deal announced by President Andres …